Well, it’s official. Again. And this time, he says it’s final. 7 time Formula 1 World Champion Michael Schumacher has announced his retirement from Formula 1 at the end of the season this year. He will be replaced at Mercedes AMG Petronas by Lewis Hamilton for the upcoming season. The 43 year old record holding 91 time race winner didn’t have quite the impact he’d hoped when he came out of retirement in 2010 but he was still a joy to watch on track.

“I decided to retire by the end of the year 2012. At some point, it is time to say ‘good bye’ I still feel I am capable of competing against the best but the time sometimes comes to say goodbye and this time it might be forever,” he said at the Mercedes AMG Petronas F1 team motor home. Schumacher’s first stint in F1, between 1991 and 2006, saw him enter the sport’s record books, winning 7 championship titles and 91 races. He dominated Formula 1 when he won five world titles in a row with Scuderia Ferrari from 2000 – 2004.

Despite his retirement, we are pretty sure Schumi will still be around the world of motorsport. We wish him the best of luck. Check out a video of Schumi’s career and achievements below.

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